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The government does not have some magic wand that can 'bring down the cost of health care.' It can buy a smaller quantity or lower quality of medical care, as other countries with government-run medical care do.
Thomas Sowell
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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Doe
Medical
Care
Countries
Government
Cost
Country
Magic
Wand
Health
Wands
Bring
Smaller
Quality
Quantity
Running
Lower
More quotes by Thomas Sowell
Tariffs that save jobs in the steel industry mean higher steel prices, which in turn means fewer sales of American steel products around the world and losses of far more jobs than are saved.
Thomas Sowell
When government takes away options, it is bound to make some people worse off, even with intrinsicallly good intentions behind that government intervention.
Thomas Sowell
What is politically defined as economic planning is the forcible superseding of other people's plans by Government officials.
Thomas Sowell
Competition does a much more effective job than government at protecting consumers.
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Fairness' is one of the great mantras of the left. Since everyone has his own definition of fairness, that word is a blank check for the expansion of government power. What fairness means in practice is that third parties -- busybodies -- can prevent mutual accommodations by others.
Thomas Sowell
When we hear about rent control or gun control, we may think about rent or guns but the word that really matters is 'control.' That is what the political left is all about, as you can see by the incessant creation of new restrictions in places where they are strongly entrenched in power, such as San Francisco or New York.
Thomas Sowell
Much of the social history of the Western world, over the past three decades, has been a history of replacing what worked with what sounded good.
Thomas Sowell
Each day, as I take various pills, I realize that without those pills I might not be alive -- and, if I were, life would not be worth living. Yet those who produce these medications are under constant attack from people who produce nothing.
Thomas Sowell
Just what is it that academics have to fear if they stand up for common decency, instead of letting campus barbarians run amok?
Thomas Sowell
You may have the right to live anyway you like, but you don't have a right to have other people like it. Respect it or pay for it.
Thomas Sowell
Groups that rose from poverty to prosperity seldom did so by having their own racial or ethnic leaders to follow.
Thomas Sowell
Racism does not have a good track record. It's been tried out for a long time and you'd think by now we'd want to put an end to it instead of putting it under new management.
Thomas Sowell
Economics is concerned with what emerges, not what anyone intended.
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Some full professors could more accurately be described as empty professors.
Thomas Sowell
The simplest and most psychologically satisfying explanation of any observed phenomenon is that it happened that way because someone wanted it to happen that way.
Thomas Sowell
Deception is one of the quickest ways to gain little things and lose big things.
Thomas Sowell
Since this is an era when many people are concerned about 'fairness' and 'social justice,' what is your 'fair share' of what someone else has worked for?
Thomas Sowell
Another way of verbally masking elite preemption of other people's decisions is to use the word 'ask'-as in 'We are just asking everyone to pay their fair share.' But of course governments do not ask, they: tell. The Internal Revenue Service does not 'ask' for contributions. It takes.
Thomas Sowell
Some of the most vocal critics of the way things are being done are people who have done nothing themselves, and whose only contributions to society are their complaints and moral exhibitionism.
Thomas Sowell
In the wake of the housing debacle in California, more people are buying less expensive homes, making bigger down payments, and staying away from 'creative' and risky financing. It is amazing how fast people learn when they are not insulated from the consequences of their decisions.
Thomas Sowell